Metropolia returns gradually to normal operations - the situation will be confirmed in early August

More information on the impact of coronavirus on Metropolia's operations.

Income Statement
1.1.-31.12.2019 1.1.-31.12.2018
REVENUES 98,285,460.79 96,182,935.44
Personnel expenses -61,186,687.91 -62,030,349.83
Depreciation and impairment -6,990,318.08 -5,672,111.88
Other operating expenses -29,196,280.97 -26,738,528.32
EXPENSES -97,373,286.96 -94,440,990.03
OPERATING PROFIT 912,173.83 1,741,945.41
Financial income and expenses 685,046.96 142,484.82
PROFIT BEFORE APPROPRIATIONS AND TAXES 1,597,220.79 1,884,430.23
Appropriations 110,024.94 -1,942,629.17
PROFIT FOR THE FINANCIAL YEAR 1,707,245.73 -58,198.94
Balance Sheet
12/31/2019 12/31/2018
ASSETS
Non-current assets
Intangible assets
Intangible rights 190,900.13 280,404.83
Other non-current expenditure 8,775,088.97 8,570,815.57
Total intangible assets 8,965,989.10 8,851,220.40
Tangible assets
Buildings and structures 798,939.98 8,825.75
Machinery and equipment 11,168,963.87 11,706,299.63
Other tangible assets 0 493.48
Advance payments and work in progress 2,572,431.15 164,519.63
Total tangible assets 14,540,335.00 11,880,138.49
Investments
Other investments 50,002.00 50,002.00
Associated company investments 500,000.00 500,000.00
Other receivables 15,941,570.18
Total investments 16,491,572.18 550,002.00
TOTAL NON-CURRENT ASSETS 39,997,896.28 21,281,360.89
Current assets
Non-current receivables
Other receivables 59,725.90 38,454.40
Prepayments and accrued income 340 580
Total non-current receivables 60,065.90 39,034.40
Current receivables
Trade receivables 1,424,282.51 1,138,673.07
Other receivables 2,303,795.88 1,430,938.89
Prepayments and accrued income 4,235,750.64 2,227,501.73
Financial securities 17,109,509.95 28,620,527.66
Total current receivables 25,073,338.98 33,417,641.35
Cash and cash equivalents 3,206,544.18 3,704,099.49
TOTAL CURRENT ASSETS 28,339,949.06 37,160,775.24
TOTAL ASSETS 68,337,845.34 58,442,136.13
EQUITY AND LIABILITIES
Equity
Share capital 4,500,000.00 4,500,000.00
Other reserves
Reserve for invested unrestricted equity 6,480,117.92 4,482,000.00
Reserve for donations received 1,832,942.73 1,959,139.17
Other reserves 116,171.50 100,000.00
Profit/loss from previous years brought forward 28,947,822.97 28,903,109.37
Profit/loss for the period 1,707,245.73 -58,198.94
TOTAL EQUITY 43,584,300.85 39,886,049.60
Mandatory provisions 2,160,000.00 214,000.00
Non-current liabilities 527,528.93 1,268,856.60
Current liabilities
Prepayments received 7,164,967.89 6,118,148.31
Trade payables 5,675,418.98 2,823,844.77
Other liabilities 3,704,159.29 3,141,185.63
Accrued liabilities 5,521,469.40 4,990,051.22
Total current liabilities 22,066,015.56 17,073,229.93
TOTAL LIABILITIES 22,593,544.49 18,342,086.53
TOTAL EQUITY AND LIABILITIES 68,337,845.34 58,442,136.13